$599,900

For sale

303 Grand Ridge Drive, Cambridge - Single Family for Sale

303 Grand Ridge Drive, Cambridge, Ontario, N1S4W9

5 beds2 baths4 parking1,300 ft²60 × 197 ft (11,759 sq ft) lot sizeListed 13 days ago

Overview

This 5-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 1,300 sq ft of space. Listed at $599,900, it is attractively priced about 14% below the $699,900 median asking price in Cambridge. It has been on the market 13 days, fresher than the Cambridge average of 57 days.

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Description

Own a Beautiful home in Cambridge for UNDER $600K! Fabulous FIVE (3+2) bedroom home in High Demand neighborhood, ST. Andrews Area/Galt. This OPEN CONCEPT bungalow is LIT w lg windows and a seemless floorplan. Entertain friends and enjoy your family with rooms to spare. Living room is EXTRA and OPEN with window seat, gas fireplace and room for multiple seating configurations. Kitchen has moveable breakfast bar/island with storage, SS appliances, gas stove, double SS sink AND Walk out to multil level deck & pool sized rear yard. Dining room is separate and convenient next to kitchen, can fit large DR table. Down the hall is the 'all bright' bedroom area with a Fabulous Large PRIMARY bedroom and 2 other good sized bedrooms. The 4 piece bath offers heated Toto washlet and window.2 hall closets and inside entry to garage finish this floor! Configure the lower level to suit your particular needs. Offering Massive 4th and 5th bedrooms and lounge/games room. 2 Large walk in closets, under stairs storage/foyer, 3 piece bathroom and 24 ft laundry/utility room/workshop. East exposure w sunfilled rooms in the mornings and sunsets on your deck/back yard into the evenings. Fun for bbqs, quiet nights and entertaining. Professionally painted neutral colors. Hardwood Main floor. Wainscoting. This home is Wheelchair accessible: Ramp at front entrance, automatic front door opener, wide hallways/doorways, lift from bedroom to bathroom PLUS 2nd lift in main floor master. Independent connection to hallway lift too! (All wheelchair lifts/rails can be removed). Carpet free. Paved drive for 3 cars (four if the ramp is removed) PLUS garage. Almost 200 feet deep lot! 2 sheds, mature trees and multiple flower and vegetables gardens. Create your back yard paradise and never leave home again!!! Newer roof/windows. New furnace/hot water tank and A/C. Near downtown Historic Galt, Schools, trails, parks, worship, bakery, restaurants, Shopping. Steps from bus stop. QUICK CLOSE AVAILABLE (id:66096)

Property Details

MLS®: X14114520
Property Type: Single Family
Zoning: R5
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 60 × 197 ft (11,759 sq ft)
Frontage: 60 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Main level

Kitchen: 3.29 x 3.04 meters
Dining room: 3.04 x 3.04 meters
Living room: 4.35 x 6 meters
Primary Bedroom: 4.87 x 3.2 meters
Bedroom 2: 3.04 x 2.74 meters
Bedroom 3: 3.65 x 2.74 meters
Bathroom: 2.43 x 1.52 meters

Lower level

Bathroom: 2.59 x 1.73 meters
Foyer: 4.87 x 2.37 meters
Laundry room: 7.49 x 3.11 meters

Features

Appliances: Washer, Refrigerator, Water meter, Stove, Dryer, Freezer, Hood Fan, Garage door opener
Flooring: Hardwood
Foundation: Block
Exterior: Brick, Aluminum siding
Lot Features: Level lot, Flat site, Wheelchair access, Dry, Level, Paved yard, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Cambridge listings, avg age

57d

Price / ft²

$461

List price

$600K

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 99.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 5-bed single family in Cambridge has been listed for 13 days, which is 44 days fresher than the city average of 57. Act while there is still low competition.

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Listed by Royal LePage Real Estate Services Ltd., Brokerage · DALLAS NOFTALL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1S)

This home lists at $599,900, about 6.3× the local median household income of $95,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 23% above the area median.

Median household income: $95,000
Population: 20,171
Median age: 42.8
Owner / renter: 71% / 29%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1S)

$599,900· $461/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$386/mo

Total monthly$3,518

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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